Jon Steinsson (@jonsteinsson) 's Twitter Profile
Jon Steinsson

@jonsteinsson

Economics Professor at UC Berkeley

ID: 600678291

linkhttps://eml.berkeley.edu/~jsteinsson/ calendar_today06-06-2012 02:08:09

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NBER (@nberpubs) 's Twitter Profile Photo

The Taylor rule has not been descriptive for the last 20 years. This prima facie is not evidence of suboptimal monetary policy, from Emi Nakamura, Venance Riblier, and Jon Steinsson nber.org/papers/w34200

The Taylor rule has not been descriptive for the last 20 years. This prima facie is not evidence of suboptimal monetary policy, from <a href="/eminakamura2/">Emi Nakamura</a>, Venance Riblier, and <a href="/JonSteinsson/">Jon Steinsson</a> nber.org/papers/w34200
Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

Tooze is not right to say that the status quo precludes "intelligent public debate about monetary policy". CB independence is not about goals. I don't think anyone thinks those should not be up to the political process. nytimes.com/2025/09/14/opi…

Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

As I prepare to teach Acemoglu, Johnson, and Robinson's Colonial Origins paper, I thought I would share some thoughts I wrote last fall about their Nobel Prize as it was being heavily critiqued on this site. (I side with the Nobel Committee.) eml.berkeley.edu/~jsteinsson/pa…

Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

Finally some movement on modernizing the FOMC’s operating target. I totally agree with Lorie Logan that targeting a repo rate (tri-party or SOFR) is the way to go. The fed funds rate is pretty irrelevant these days. dallasfed.org/news/speeches/… via Dallas Fed

Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

Both Hubbard and Mankiw predict a stronger social safety net over the next 50 years (and consumption taxes) as a response to technology-driven inequality and populism wsj.com/economy/americ… via The Wall Street Journal

Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

Just noticed that the Penn World Tables 11.0 is out. Very exciting!! Had been fretting the other day that their series ended in 2019. No more. See 👇for discussion of major changes.

Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

Three economic history Nobel Prizes in a row! Go economic history! Congratulations Joel! (Perhaps more departments should reconsider letting economic history die???)

Three economic history Nobel Prizes in a row! Go economic history! Congratulations Joel!

(Perhaps more departments should reconsider letting economic history die???)
Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

I stand corrected. It is four economic history Nobel Prizes in a row!!! (Bernanke 2022, Goldin 2023, Acemoglu, Johnson, Robinson 2024, Mokyr 2025)

Jon Steinsson (@jonsteinsson) 's Twitter Profile Photo

Looks like the Peruvians need to extend their EEZ. Iceland pioneered this about 75 years ago. Iceland only needed 200 miles. So, we stopped there and that is now the Int law. But some areas need more to protect coastal fishing stocks. They should extend further!